Lloyd's broker

A Lloyd's broker is a client representative sanctioned by the Council of Lloyd's to contact underwriters at Lloyd's and negotiate insurance with the underwriters on behalf of the representative's clients.

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Additional Information

The client is the insured except in the case of US insureds when the client is normally the US broker or agent.


Related Terms

A Lloyd's underwriter is a person who determines premiums, terms, and conditions for insurance...

A Lloyd's managing agent is a firm or company having complied with the requirements of the Council...